INDIAN BENCHMARKS fall more than 1 pct; mid caps tumble
INDIAN EQUITY BENCHMARKS fell and benchmark 10-year bond yields rose to three-week highs on Wednesday, as a forecast for the country's first drought in six years and a cautious statement on inflation from the central bank soured sentiment. The S&P BSE Sensex and CNX Nifty ended 1.29-1.23% lower each.
Headlines for the day:
JLR May 2015 US Retail volumes up 12.8% YoY.
HSBC Services PMI contracts in May to 49.6.
Unitech tanks on rumours of repayment default.
Domestic natural rubber prices rise 3.5% to Rs129/kg.
The crucial resistance for Nifty is now seen at 8144 and above this 8436. Support for the immediate term is now placed at 8065 and next support will be 7997.
CapitalStars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. CapitalStras also ave liable on linke din and facebook. Get real time advice for Share Tips , Trading Strategies , Best Intraday Stocks , Stock Tips Free and all market updates. For 2 Days Free Trial ,Please visit our site http://www.capitalstars.com Call at 0731-6790000, 6669900.
INDIAN EQUITY BENCHMARKS fell and benchmark 10-year bond yields rose to three-week highs on Wednesday, as a forecast for the country's first drought in six years and a cautious statement on inflation from the central bank soured sentiment. The S&P BSE Sensex and CNX Nifty ended 1.29-1.23% lower each.
Headlines for the day:
JLR May 2015 US Retail volumes up 12.8% YoY.
HSBC Services PMI contracts in May to 49.6.
Unitech tanks on rumours of repayment default.
Domestic natural rubber prices rise 3.5% to Rs129/kg.
The crucial resistance for Nifty is now seen at 8144 and above this 8436. Support for the immediate term is now placed at 8065 and next support will be 7997.
CapitalStars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. CapitalStras also ave liable on linke din and facebook. Get real time advice for Share Tips , Trading Strategies , Best Intraday Stocks , Stock Tips Free and all market updates. For 2 Days Free Trial ,Please visit our site http://www.capitalstars.com Call at 0731-6790000, 6669900.
0 comments:
Post a Comment